Innovative Solar Systems introduces new project finance concept

Innovative Solar Systems LLC, which lately has gotten North Carolina Utilities Commission approvals for several large solar projects, said Feb. 17 that it has just introduced a cutting edge way that investors of all types can have access to partial ownership in large scale solar farm projects across the nation for as little as $250,000 per project.

This new program will allow individuals or groups to become limited partners in one or more early stage large scale solar farm projects being developed by the company in counties throughout the United States. ISS said it is currently one of the largest developers of utility scale solar farm projects in the southern U.S. and is rapidly expanding throughout the nation. The company’s new partnership program allows ISS to develop more projects and thus expand across the nation faster while sharing profits through a partnership basis with investors that desire to be a part of the renewable energy boom.

An investor or financial group would purchase a 1/3 ownership interest in an early stage ISS solar project for as little as $250,000 and then realize a notable profit within 12-18 months when the project is deemed construction ready and then sold and signed over to the long term owner of record that will finance and own the asset after system commissioning.

ISS said it has a long track record in the solar industry and has developed over 100 commercial and utility scale solar projects to date while currently having approximately 50 new projects totaling over 1 GW in various stages of development for the 2015 calendar year.

Innovative Solar Systems, LLC has developed the majority of the largest utility scale solar farm projects to date in the southeast U.S. and continues to expand the company’s development strategies to the midwestern and western U.S.

About Barry Cassell 20414 Articles
Barry Cassell is Chief Analyst for GenerationHub covering coal and emission controls issues, projects and policy. He has covered the coal and power generation industry for more than 24 years, beginning in November 2011 at GenerationHub and prior to that as editor of SNL Energy’s Coal Report. He was formerly with Coal Outlook for 15 years as the publication’s editor and contributing writer, and prior to that he was editor of Coal & Synfuels Technology and associate editor of The Energy Report. He has a bachelor’s degree from Central Michigan University.